Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-04-08
ON CHANGE.
Spot Cotton Unchanged, Futures from
Five to Twelve Points Higher.
Money Market Easy.
Wheat Firm During Most of the Session,
the Closing Prices in Most Gases
the Same as Wednesday.
FORT WORTH MARhETs-DAILY BIZ
VIEW.
OFFICE OF THE GAZETTE. |

ROhA " N
VIEW.
OFFICE OF THE GAZETTE
FORT WORTH. TEX. April !, 1887.
The volume OF trade was large to-day,
more merchandise being moved then any
previous day this week.
Eggs have advanced, and are firm at
103 cents with an upward tendency.
Agood article of country butter is in
market in large quantities and brings
good prices as quoted.
a few hundred pounds of wool sold
here to-day at nominal prices The mar
ket is still unsettled
THE STATE OF TRADE.
Special kilograms to BTadstreet's show
q still greater increase in the movement
of general merchandise and produce by
rail than during anyef the three preceding
weeks to anticipate expected higher freight
rates after April 5. The movement of dry
goods and other staples to the west, and
Pacific coast "importations" overland
have increased most from this cause.
Expectations IN varlons quarters point TO
check in the distribution of goods I'M
medistely following April 8. General
trade has increased most st Kansas City,
where the weeks demand has been the
heaviest on record. St. Joseph, Omaha
and st. Louis have participated in the
improvements, dry goods leading, with
real estate buying and selling stimulating
request in other lines. Business is more
active ct Cincinnati and at Chicago,
and at New York the common desire to
take advantage of present rates by rail
has caused staple goods to be forwarded
in abnormal quanteis. Low temperature
} and snow east, west and south has
checked trade at Portland, Me-, at Bos-
ton, Philadelphia, Pittsburg, and at Geor-
gia and Florida, where damage has been
done to truck farms by frost. Rain is
needed in Texas. Bank clearings from
but 80 out Of 36 cities reported are com
! plete for four Years past. Br8dstreet's
total of quarterly bank clearlngs for
| three months are: =.
CLEARINGs 100000 osuTTED)
1887. 1855 1885. 1854
At New York city SIS 2E2 $500 $6,O9s So, Dds
At % other cities 4,0I9 3,549 3,00s 3,42G
The record for twenty nine cities gives
the better guide to the course Of general
trade for the quarter specified, showing a
gain of 10! per cent. this year over last,
of 334 per cent. over 1885, and
Of 175 per cent over 1884. The total
of March clearings for New York and TWEEN,
! ty-nine other cities is 4.3 billion against
| Al in March, 1886, % in 1885 and
80 billion dollars in March, 1884, show
| ing gain of per cent. over March, last
year, of 48 per cent. over 1885, and of &c
| per cent. over March, 1884 Money mar
kets are steady and generally firm, with
| less disposition on the part of discount
rates to advance Funds al Chicago,
Milwaukee, Kansas City and elsewhere
TIL tend to the west. Mercantile col
lections are dull, at many points less
satisfactory.
The New York stock market has been
moderately strong, general conditions
being favorable to an advance in values.
Later in the week higher rates for money
and realiZatiOns caused q MT dSurable re-
| action. Transactions for the week on
| the New York Stock Exchange were
1881, 85l shares, against 9S3, 558 shares
last week. Some stringency has been
felt in the New York money market, and
loan rates were high, though this is
thought to be merely temporary.
| Wheat has been tirmer on clique sup
port and unfavorable crop news from
winter-wheat states and from California.
Advices yesterday report no signs of rain
on the Pacific coast. The visible supply
reported to Bradstreet's has declined
| 100000 bushels since January l, but
is 1900, 900 bushels larger than
the New York Produce Exchange
reports for last Saturday, not in
GLIDING 100000 on the Pacific coast.
! Wheat -four stocks between millers and
retailers at leading points of production
and shipment are over 508,000 barrels
less than one year ago, and 1000 bar
rels less than on January l, 1887. Spring
wheat seeding has been delayed by the
weather. Hog products have been dull
at Chicago, with pork firm but lifeless on
the basis of S2l for May and June.
Cotton goods show no gain in prices,
but quotations are firm and the demand
is good. Woolens are less active and
there is talk of stopping mill machinery.
Wool is duller and some descriptions are
cheaper. Supplies are more than ample
and the new clip is in sight. The total
movement of dry goods for lsst
month exceeds that for March,
1886. Sugar has been active, but
is dull and lower. Coffee is higher on
Brazilian advlces. Petroleum is Swallowed
by threats of Russian competition, with
no really new features. Cotton is very
active, and spots are &C.. higher. All
markets are strong. Port receipts for
the week are only about half those one
year ago. Receipts continue to decline
Brsdstreet's.